TGC Industries (TGE)

8.85 -0.52  -5.55%  Jun 01, 12:48PM Go Pro
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TGC Industries Beneish M-Score: -3.497

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TGE Beneish M-Score Rankings

Overall 88th percentile 435 of 3771
Sector 95th percentile 19 of 393 in Basic Materials
Industry 92nd percentile 3 of 38 in Oil & Gas Equipment & Services

TGE Beneish M-Score Range, Past 5 Years

Minimum -4.698 Dec 2008
Maximum -1.000 Dec 2009
Average -2.698

About Beneish M Score

The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.

The best cut-off point depends on the costs mistakenly classifying in one of two ways:

1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).

Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):

M Score HTML Table:

ScoreRelative Error Costs
(Type I:Type II)
M Score > -1.49 (10:1)
M Score > -1.78 (20:1)
M Score > -1.89 (40+:1)


Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.

If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.

Learn More

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TGE News

I exited $TGE & $GRVY.
about 3 days ago by Genyko
My picks yesterday all acts well with the exception of $TGE. I give it more time like I gave to $STX.
about 9 days ago by Genyko
$TNH $AVD not waiting. $JAZZ $MDF $SALM just start moving up. $PLCM $TGE pullback to give a better entry price.
about 10 days ago by Genyko
I exit $TGE. It looks weak to me.
about 17 days ago by Genyko
$TGE needs to hold above the reaction low this morning.
about 18 days ago by Genyko
$TGE made a reaction low this morning. May be safe to hold at least to tomorrow.
about 18 days ago by Genyko
Got set up with 2 -28" Monitors. Will start "STARING". Will stare at $ADY $EMMS $GPRC $FONR $GPRC $SBSA $TGE $PENX $KGJI this mornng.
about 18 days ago by Genyko
$TGE filed latest Quarterly Report http://stks.co/3m09
about 22 days ago by MarketBrief
$TGE pulled back to resistance & bounced. Look pretty good.
about 25 days ago by Genyko
$TGE has broken out of falling channel that’s contained prices. Target 14. Video also covers $ACFN $VRNG $WCRX $ZAGG http://stks.co/3bii
about 31 days ago by thetechtrader
Capital Goods Sector Wrap
Apr 30, 5:12PM
19 breakouts: $CCE, $ETP (gap; stop: $47.69), $HAE (stop: $68.89), $TGE (gap), $WWW. Not a bad set of stocks for a down day.
about 32 days ago by fallondpicks
TGC Industries (TGE) Declares 5% Common Dividend
Apr 20, 7:24AM Street Insider
in $TGE
about 72 days ago by Noukster
$TGE filed latest Annual Report http://stks.co/2sZt
about 78 days ago by MarketBrief
$TGE http://stks.co/2pNj long setup
about 80 days ago by stt2318
$TGE getting volume!
about 84 days ago by stkprodigy09
Long ideas: $HEES $NUS $TGE $TYL $STBZ $EGP $VFC $GCO $EGY $GR $SAVE $CAB
about 85 days ago by ABtrader
Notable stocks with their RS line in new highs before price. $DPZ $SWHC $AVD $ASPS $OSIS $TGE $NUS $MW $MKTX $SHW
about 86 days ago by hertcapital
Notable stocks with the RS line in new highs before price. $SXCI $PVH $TGE
about 87 days ago by hertcapital
$TGE is getting volume here near the close. I like this one a lot.
about 88 days ago by stkprodigy09
$TGE in small
about 91 days ago by Noukster
$NOAH trying to breakout $TGE
about 100 days ago by erjan
$TGE http://stks.co/2VqU nice breakout.... updated chart
about 100 days ago by stt2318
long $TGE
about 100 days ago by ivan_bg
TGC Industries falls 18.9%
Oct 28, 9:00AM FlyOnTheWall

Recent Quotes

Symbol Price Chg Chg % Market Cap
TGE 8.85 -0.52 -5.55% 190.49M
TGC 0.7502 -0.03 -3.81% 47.37M
TGB 2.66 +0.03 +1.14% 515.01M
TGAL 3.49 +0.00 +0.00% 5.898M
TGA 9.53 -0.77 -7.48% 752.72M
TG 14.24 +0.69 +5.09% 434.41M
TFX 58.14 -1.26 -2.12% 2.421B
TFSL 9.25 -0.12 -1.28% 2.895B
TFONY 14.56 -0.19 -1.29%
TFM 56.60 -1.52 -2.62% 2.793B
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